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How to Estimate Rental Property Expenses

When considering a rental property, you'll first analyze the features of the property to determine the expenses of owning it. Knowing your expenses will aid in setting a rent cost and indicate ahead of time if the property will turn a profit. To calculate your expenses, consider your maintenance costs, home owners' association (HOA) fees, property tax, property management fees, and insurance; these are all costs beyond the mortgage. Once you determine your costs, use the number to calculat...

What do Property Management Fees Cover?

Use a professional property manager to help you manage your investment properties without all the stress of coping with tenants, turnover and maintenance. Property management insets an extra layer of protection between you and the day to day responsibilities of running you properties. Learn what to expect from your property manager, and what fees you can expect to pay. This can help you manage your budget and your property, worry-free. Like any service, property management fees can vary wi...

Is Turnkey Property Investing Right for You?

Turnkey real estate investing is a booming industry. In the past two decades, the number of books, websites, how-to manuals, and advertisements geared towards getting people involved in this business has absolutely exploded. Let’s get past the hype, though, and ask the real question: Is Turnkey Investing Right for You? Successful investing means doing lots of research and asking lots of questions. First, you’ll need to find the right market. This seems obvious, but it isn’t. Many time...

Fannie Mae: ‘Things are looking up for housing’

This article was originally published on Florida Realtors.org. WASHINGTON – Americans' attitudes about the housing market are strengthening, according to Fannie Mae's May 2015 National Housing Survey, a survey of about 1,000 consumers on their views about homeownership. The survey results echo recent forecasts that predict a pickup in housing activity for the year. In the latest survey, more consumers reported an increase in household income, nearing an all-time survey high. The growth in...